
Do not panic if you are concerned that you missed the e-commerce boat. It's just starting to move.
While a number of ecommerce firms, like eBay, Shopify, Walmart, and Etsy, can make it simple to sell goods online, in my opinion, Amazon is the finest place to make money online.
For individuals looking to enter the e-commerce industry, Amazon represents a tremendous opportunity. Over half of Amazon's $386 billion in revenue in 2020 came from third-party sales.
However, what can you do to partake in the Amazon pie?
Here are the best ways to make money on Amazon:
Apply for Amazon Launchpad: You may want to think about applying for Amazon Launchpad if you have creative items that you sell and a compelling brand history.
There is no assurance that you will be approved because applications are evaluated on an individual basis.
If you are, however, you will get access to extra selling features including customer interaction tools, the opportunity to have your brand featured on the Amazon Launchpad site, and strategic assistance from an onboarding manager to help you grow your business.
You must pay an additional 5% referral fee on top of the regular referral fee for each item you sell if you decide to sell on Amazon Launchpad. More details are available here.
Sell crafts on Amazon Handmade: Do you have artistic or DIY talent? A great place to start selling your crafts, such as jewelry, textiles, and other works of art, is Amazon Handmade.
While this could be a fantastic alternative for you, it's important to compare the seller fees for Amazon Handmade with those for Etsy (you can discover them here). Calculate your earnings per item to see if you would be making more or less there, based on things like the sales price of your goods and the postage and packaging expenses.
Deliver Amazon parcels:
Delivering packages through Amazon Flex can be the perfect option for you to earn money in your spare time if you can drive and have a car at school.
Although Amazon estimates that delivery drivers can make between £13 and £17 per hour, it's important to keep in mind that they may really make slightly less money.
You would be an independent contractor as an Amazon Flex delivery driver, therefore you would be responsible for paying expenses like travel, parking, and tolls. This would imply that if you earn £13 per hour, you could need to set aside some of that sum for driving expenses.
Do freelance work for Amazon sellers: It might be difficult to sell on Amazon without a lot of labor. Due to this, some sellers may want some assistance with certain areas of their online business; this is where you can help.
You will have a lot of talents that can help you earn money on Amazon even if you don't want to sell items directly. As a result, you might perform contract work for merchants.
If you have a skill for photography, for instance, you might offer to take appealing product photographs for vendors. Alternately, if you have a keen eye for detail, you may edit and proofread product descriptions.
A lot of people use Fiverr to advertise their freelance services to Amazon sellers. This is a great place to start.
Work for Amazon: There is of course the possibility to work for Amazon if earning money on Amazon isn't enough for you.
At Amazon, there are a plethora of positions accessible. There is sure to be one that works for you regardless of your skill level. A multinational company like Amazon might also provide excellent prospects for professional advancement.
Are you interested in working there? Check out their careers page to see if any of the open positions interest you, especially the graduate and student positions.
The competition for these positions will be fierce. Therefore, it's crucial to invest a lot of time and energy into your application and do your best to make your resume stand out.
Publish eBooks on Kindle: Ever wanted to write for a living? One method to achieve this is through publishing eBooks on Amazon's Kindle.
An eBook may be written from scratch with only an idea, some spare time, and some dedication.
There is a wide choice of subjects on which you might base your book, whether it is non-fiction or fiction. Read our whole guide to maximizing eBook income for suggestions on popular genres and more money-making advice.
If you know of additional ways to make money on Amazon, be sure to let us know in the comments below. Good luck!
Comments
Post a Comment